Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Angry Birds Movie 3 trailer by Paramount animated sequel before December 2026 release
    Videos

    Angry Birds Movie 3 Trailer Sets Dec 23 Release

    June 30, 2026 1 Min Read
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
    Alia Bhatt Alpha teaser shows the actor entering action mode in YRF’s female-led spy thriller.
    Videos

    Alia Bhatt Alpha Teaser Shows Bobby Deol Training Her

    June 10, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pakistan Navy seeks Rs.15b for fleet modernisation
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Pakistan > Pakistan Navy seeks Rs.15b for fleet modernisation
Pakistan

Pakistan Navy seeks Rs.15b for fleet modernisation

Web Desk
By Web Desk Published March 31, 2015 2 Min Read
Share
SHARE

As part of a massive fleet modernisation plan, the Pakistan Navy is seeking Rs15 billion over the next three years for its needs, a request that the acting naval chief made directly to Finance Minister Ishaq Dar.

Acting Chief of Naval Staff, Vice Admiral Khan Hasham Bin Siddique met the minister yesterday, at the finance ministry, seeking funds to meet the navy’s more urgent needs, as well as future requirements of the naval forces, according to a handout issued by the ministry. The acting naval chief sought over Rs2 billion for meeting immediate requirements and another Rs15 billion for future needs, said an official after the meeting.

The meeting indicates that the Pakistan Navy wants to go for major defence procurements over the next few years, aimed at modernising its fleet. As the smallest of Pakistan’s three armed services, the navy usually gets only one-tenth of the total stated defence budget, with the bulk going to the army. The direct meeting with the finance minister suggests that the navy is keen to get its needs fulfilled.

For his part, the finance minister was supportive of the idea of fleet modernisation, but asked the navy to go through the joint staff headquarters of the armed forces. “The minister directed that a complete picture of Armed Forces Development Plan (AFDP) be presented in consultation with the Joint Staff Head Quarters to assess the budgetary requirements over the next three years,” said the official handout.

However, Dar was also quoted as saying: “If there is a need, the government will not hesitate to help the navy through budgetary support.”

The federal government separately provides funds for the AFDP. This funding is over and above the traditional defense budget and usually ranges between Rs165 billion to Rs200 billion. For the current fiscal year, the government has allocated Rs165 billion under the heading “contingent liabilities”, but is meant for meeting the development needs of the military.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Pakistan cricketer Babar Azam raises his bat while wearing a white Test uniform and green helmet.

Pakistan Test Squad Named as Babar Azam Returns Captain

Egypt ancient tombs were found near Marina El-Alamein, while archaeologists also uncovered a Byzantine city site in Dakhla Oasis.

Egypt Ancient Tombs Found Near Mediterranean Coast

Alpha Indian Movie featuring Alia Bhatt, Anil Kapoor, Bobby Deol and Sharvari.

Alia Bhatt’s Alpha Crosses ₹15 Crore in India

Post Archives

More Popular from Photonews

Selena Gomez at Bad Bunny concert in London with friends and a large stadium crowd in the background.
Entertainment

Selena Gomez Concert Outing Ends After Illness

1 Min Read
Late Iran's supreme leader Ayatollah Ali Khamenei, Iran's Supreme Leader, addresses the public in Tehran on June 4, 2021.
World

Khamenei’s Spiritual Legacy Highlighted by Alexander Dugin, Yemeni Writer

2 Min Read
Afghan security personnel stand beside a detained man and seized drug-related materials after police operations in Takhar province.
World

Afghanistan Anti-Narcotics Operation Seizes One Ton

1 Min Read
Sports

Switzerland Algeria 2-0: Mahrez Retires After World Cup Exit

Switzerland beat Algeria 2-0 in the FIFA World Cup 2026 Round of 32 at BC Place,…

July 3, 2026
Entertainment

Daveigh Chase Cause of Death Listed as AIDS

Los Angeles: Daveigh Chase's cause of death was listed as acquired immunodeficiency syndrome by the Los…

June 30, 2026
Tech

US-UK Drugs Deal May Cause 229,000 Deaths, BMJ says

LONDON: A US-UK drugs deal could lead to about 229,000 excess deaths by 2036 by diverting…

July 2, 2026
Top NewsWorld

White House Swift Post Spoofs MSG Wedding Sign

WASHINGTON, United States: The White House Swift post spoofed Taylor Swift and Travis Kelce’s wedding announcement…

July 4, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?